Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Friday, Benchmark indices concluded the trading day on a positive note as Sensex closed at 78,699.07, while Nifty closed up by 0.27 per cent and closed at 23,813.40 level. However, the Broader market, Nifty Mid-Cap closed lower by 0.27 per cent at 56,972.60, while Nifty Small-Cap closed higher by 0.15 per cent and closed at 18,756.95.
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Market volatility, as indicated by India VIX, declined by 5.70 per cent and is trading at the level of 13.24 reflecting a fall in market volatility.
Top 3 price-volume breakout stocks:
Greaves Cotton Ltd: Greaves Cotton Ltd closed at its 52-week high of Rs 282.07, achieving the upper circuit limit with a 20 per cent increase from its previous close of Rs 235.06. The stock witnessed a volume spike, trading 7.91 crore shares, indicating significant activity. The returns from the 52-week low are 151.74 per cent, reflecting multibagger returns. This surge aligns with a price-volume breakout and a strong move in the market. The company's market capitalization stands at Rs 6,560.97 crore.
Finolex Industries Ltd: Finolex Industries Ltd ended the day at Rs 253.55, rising 6.80 per cent from its previous close of Rs 237.40. The stock recorded a traded volume of 4.32 crore shares, highlighting robust market participation. It achieved a price-volume breakout with returns of 24.66 per cent from the 52-week low, indicating a recovery trend. The current market cap is Rs 15,677.35 crore.
Vakrangee Limited: Vakrangee Limited traded near its 52-week high, closing at Rs 33.19 with a 9.97 per cent increase from its previous close of Rs 30.18. A volume of 2.28 crore shares was traded, showing elevated activity. The stock posted 79.89 per cent returns from its 52-week low and showed a price-volume breakout, signaling strong momentum. The market cap is Rs 3,588.33 crore.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Greaves Cotton Ltd
|
282.07
|
7,91,34,557
|
|
2
|
Finolex Industries Ltd
|
253.55
|
4,32,83,465
|
|
3
|
Vakrangee Ltd
|
33.19
|
2,28,60,576
|
|
4
|
Devyani International Ltd
|
194.3
|
71,68,787
|
|
5
|
Usha Martin Ltd
|
387
|
62,94,401
|
|
6
|
Aarti Pharmalabs Ltd
|
675.05
|
53,13,813
|
|
7
|
Le Travenues Technology Ltd
|
178
|
46,56,966
|
|
8
|
Garden Reach Shipbuilders & Engineers Ltd
|
1680
|
39,00,270
|
|
9
|
Elgi Rubber Company Ltd
|
145.99
|
32,26,210
|
|
10
|
Ptc India Financial Services Ltd
|
44.49
|
29,16,186
|
Disclaimer: The article is for informational purposes only and not investment advice.